Alveka: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Alveka
Largest movements
- Tangible fixed assets -€18,484
down €18,484 (-29.8%), from €61,963 to €43,480
of which Furniture and vehicles: -€18,126
- Receivables within one year -€14,945
down €14,945 (-2.3%), from €648,611 to €633,666
of which Other amounts receivable: -€10,933
- Other debts -€17,022
down €17,022 (-9.4%), from €181,284 to €164,262
- Debts after one year -€16,251
down €16,251 (-37.9%), from €42,901 to €26,650
- Gross operating margin +€8,137
up €8,137 (+99.1%), from €8,212 to €16,348
- Financial charges -€1,724
down €1,724 (-26.1%), from €6,619 to €4,895
- Other operating charges -€465
down €465 (-16.9%), from €2,747 to €2,282
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €748,750 | €711,592 | -€37,157 | -5.0% |
| Fixed assets | 21/28 | €62,212 | €43,728 | -€18,484 | -29.7% |
| Tangible fixed assets | 22/27 | €61,963 | €43,480 | -€18,484 | -29.8% |
| Plant, machinery and equipment | 23 | €808 | €451 | -€357 | -44.2% |
| Furniture and vehicles | 24 | €61,155 | €43,029 | -€18,126 | -29.6% |
| Financial fixed assets | 28 | €249 | €249 | = | 0.0% |
| Current assets | 29/58 | €686,538 | €667,864 | -€18,674 | -2.7% |
| Amounts receivable within one year | 40/41 | €648,611 | €633,666 | -€14,945 | -2.3% |
| Trade receivables | 40 | €5,454 | €1,442 | -€4,012 | -73.6% |
| Other amounts receivable | 41 | €643,156 | €632,223 | -€10,933 | -1.7% |
| Cash at bank and in hand | 54/58 | €30,807 | €27,076 | -€3,731 | -12.1% |
| Deferred charges and accrued income | 490/1 | €7,120 | €7,122 | +€2 | 0.0% |
| Total equity and liabilities | 10/49 | €748,750 | €711,592 | -€37,157 | -5.0% |
| Equity | 10/15 | €498,341 | €495,177 | -€3,163 | -0.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €436,341 | €433,177 | -€3,163 | -0.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €430,141 | €426,977 | -€3,163 | -0.7% |
| Amounts payable | 17/49 | €250,409 | €216,415 | -€33,994 | -13.6% |
| Amounts payable after more than one year | 17 | €42,901 | €26,650 | -€16,251 | -37.9% |
| Financial debts | 170/4 | €42,901 | €26,650 | -€16,251 | -37.9% |
| Amounts payable within one year | 42/48 | €202,763 | €187,478 | -€15,284 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €15,619 | €16,251 | +€632 | +4.0% |
| Trade debts | 44 | €3,548 | €3,201 | -€347 | -9.8% |
| Suppliers | 440/4 | €3,548 | €3,201 | -€347 | -9.8% |
| Advances received on contracts in progress | 46 | - | €106 | +€106 | |
| Taxes, remuneration and social security | 45 | €2,312 | €3,658 | +€1,346 | +58.2% |
| Taxes | 450/3 | €2,312 | €3,658 | +€1,346 | +58.2% |
| Other amounts payable | 47/48 | €181,284 | €164,262 | -€17,022 | -9.4% |
| Accrued charges and deferred income | 492/3 | €4,745 | €2,287 | -€2,458 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,581 | €18,484 | -€98 | -0.5% |
| Other operating charges | 640/8 | €2,747 | €2,282 | -€465 | -16.9% |
| Gross operating margin | 9900 | €8,212 | €16,348 | +€8,137 | +99.1% |
| Operating profit (loss) | 9901 | -€13,117 | -€4,418 | +€8,699 | +66.3% |
| Financial income | 75/76B | €6,493 | €6,550 | +€56 | +0.9% |
| Recurring financial income | 75 | €6,493 | €6,550 | +€56 | +0.9% |
| Financial charges | 65/66B | €6,619 | €4,895 | -€1,724 | -26.1% |
| Recurring financial charges | 65 | €6,619 | €4,895 | -€1,724 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,243 | -€2,763 | +€10,480 | +79.1% |
| Income taxes | 67/77 | €362 | €400 | +€38 | +10.5% |
| Profit (loss) for the period | 9904 | -€13,605 | -€3,163 | +€10,442 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,605 | -€3,163 | +€10,442 | +76.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.